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Agricultural land being killed off to highest bidder, farmers call for price cap

This very conservative estimate is already three times the price of arable land five years ago. According to a 2016 EU research paper on agricultural land prices, one tumolo of land cost slightly more than €14,000. Back then, this was already expensive, with European prices ranging from €178 per tumolo in Sweden to €8,000 in the Netherlands and €10,500 in the Canary Islands. Malcolm Borg, who chairs Għaqda Bdiewa Attivi, told Times of Malta that farmers looking into acquiring arable land in Malta are being asked for some €70,000 to €80,000 per tumolo, while adverts seen by this newspaper show prices spike to €266,000 for two tumoli of arable land in Rabat.

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